Las Vegas News - Page 579

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Casinos of Future Getting Smaller

2 December 2003

Smaller resorts likely will be more dominant in the future of Las Vegas, according to nearly half the respondents in a final American Gaming Association survey released Monday.

Celebrating Rites of Passage Sin City Style

1 December 2003

News Brief: Huddled inside the Luxor hotel-casino, a trio of newly minted 21-year-olds are big on dreams, but short on know-how.

Magician Roy Horn Recovering From Attack

1 December 2003

News Brief: Illusionist Roy Horn of `Siegfried & Roy’ is slowly recovering from a tiger attack that has kept him hospitalized since October, his partner said Monday.

Inside Gaming Column: Deadline Nears for Las Vegas Hilton Bidders

1 December 2003

A selection of news and views from inside the gaming industry this week.

Icahn Ponders Gaming Growth

28 November 2003

In addition to the possible purchase of a major Las Vegas resort, a real estate limited partnership controlled by investor Carl Icahn is making other moves in an apparent attempt to consolidate and grow its gaming investments, experts say.

Binion's Horseshoe Hit with $5 Million Lien

28 November 2003

inion's Horseshoe is behind on its payments to the Internal Revenue Service for employee payroll withholding taxes. The IRS has placed a federal tax lien on hotel-casino, claiming some $5 million in taxes are past due.

Vegas Airline Canceling Service to Denver

28 November 2003

Las Vegas-based Allegiant Air is ending its service from Las Vegas to Denver and shifting resources to nearby Colorado Springs and Fort Collins, Colorado.

Las Vegas Developments Challenge Convention Industry

28 November 2003

The two newest developments planned on the Strip, Wynn Las Vegas and The Venetian II, are shaping up as a pair of titans challenging the rest of the industry for uppercrust convention business.

Nevada Economy Up in September

26 November 2003

Nevada's taxable sales jumped 12 percent in September over the same month a year ago, the second double-digit increase in the important economic indicator in as many months, the Department of Taxation reported Tuesday.

Las Vegas Retailers Expect Good Season

26 November 2003

This time each year, just days before Black Friday, the first holiday shopping day after Thanksgiving, many Las Vegas retailers seem to roll out annual projections calling for `double-digit sales increases’ in holiday sales.

Nevada Tax Panel Approves Live Entertainment Regulation

26 November 2003

fter months of testimony involving regulators, lawyers and taxpayers, it took less than 30 minutes Friday for the Nevada Tax Commission to approve a regulation governing live entertainment taxes in casinos as well as non-gaming venues new to the tax.

Icahn May be Looking at Las Vegas Hilton

26 November 2003

A real estate limited partnership controlled by investor Carl Icahn may be in talks with a company regarding the possible acquisition of the Las Vegas Hilton.

Trade Show Business Thriving

25 November 2003

Convention center insiders and Wall Street analysts are bullish about business in December and the 2004 first quarter despite storm clouds being reported on the horizon.

Lawsuits Likely Over Nevada Entertainment Tax

24 November 2003

he final draft of regulations governing a new tax on live entertainment is likely to contain loopholes that will result in disputes and even lawsuits over whether certain venues are taxable, Nevada regulators say.

Overhaul of Nevada Work Cards Approved

21 November 2003

The Nevada Gaming Commission gave final approval to regulations that will overhaul the present work card system for casino workers across the state and replace it with an employee registration system that begins next year.

Aladdin Generates Positive Cash Flow

21 November 2003

The Aladdin hotel-casino, in the process of being sold to a group headed by the CEO of Planet Hollywood International Inc. for $635 million, reported a profitable October before bankruptcy expenses.

Nevada Gaming Commission Supports Nightclub Tax

21 November 2003

he Nevada Gaming Commission on Thursday sided with its sister agency, the state Gaming Control Board, in supporting draft regulations that would require casinos to pay a 10 percent live entertainment tax on nightclub and lounge venues where disc jockeys play recorded music.

Binion's Horseshoe Owner Negotiating Power Bill

21 November 2003

Binion's Horseshoe is past due on bills with Nevada Power Co., and utility executives said Thursday that they are negotiating a settlement with Horseshoe owner Becky Behnen.

Dead Mobster Removed from Nevada Black Book

21 November 2003

Nevada Gaming Commission voted 5-0 to remove deceased mobster, Marshall Caifano, from its List of Excluded Persons, popularly known as the Black Book.

Red Rock Casino Proposal Draws Opposing Rallies

20 November 2003

Opponents of a proposal to build a 300-foot tower along with a new casino and resort in Summerlin announced that they would hold a rally Friday to pressure developer Howard Hughes Corp. to abandon its support of the project.

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